Agency
Which of the following is a fiduciary duty owed by a Colorado buyer's agent to the buyer?
AObedience to all instructions regardless of legality
BDisclosure of the buyer's maximum price to the seller
CConfidentiality of the buyer's personal financial information✓ Correct
DPresenting only offers the agent believes will be accepted
Explanation
Confidentiality is a fiduciary duty — a buyer's agent must not disclose the buyer's personal financial information, motivation, or maximum price to the seller or other parties unless authorized by the buyer.
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